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Reuters - 3 days ago

Bricks over clicks as shops come back into fashion in Europe

ANALYSIS-Bricks over clicks as shops come back into fashion in Europe Retailers open physical stores to help fend off new competitors Europe selling space in sqm to increase to 2.7% in 2028 vs 2022 Decathlon tempts customers with areas to play sports Retailers see more online sales in areas near physical stores By Alberto Chiumento and Paolo Laudani Oct 28 (Reuters) - The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets,

Reuters - 1 week ago

Beauty giants’ growth blemish needs an AI makeover

BREAKINGVIEWS-Beauty giants’ growth blemish needs an AI makeover The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Oct 23 (Reuters Breakingviews) - Artificial intelligence could soothe L’Oréal’s OREP.PA growth pains. Despite the French cosmetic and skincare giant’s annual marketing budget that hit 13 billion euros last year, sales only grew a disappointing 3.4% in the third quarter.

Reuters - 2 weeks ago

UK's Frasers buys 'significant' stake in fashion retailer Hudson Malta

UPDATE 1-UK's Frasers buys 'significant' stake in fashion retailer Hudson Malta Adds details on deal and background throughout Oct 15 (Reuters) - British sportswear and apparel retailer Frasers FRAS.L said on Tuesday it has bought a "significant" non-controlling stake in Africa-focused sport and fashion retailer and distributor Hudson Malta. The financial terms of the stake purchase were not disclosed, but Frasers said the agreement allows it to potentially acquire a controlling interest in Huds

Reuters - 3 weeks ago

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Updates Unilever Oct 10 (Reuters) - Many Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Capital in May 2023. Renault R

Reuters - 4 weeks ago

Time to go idiosyncratic on luxury - BofA

LIVE MARKETS-Time to go idiosyncratic on luxury - BofA STOXX 600 down 0.2% Oil stocks rally, Brent up $2 Airlines fall, defence rises Wall Street futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com TIME TO GO IDIOSYNCRATIC ON LUXURY - BofA Luxury names have rallied across the board on hopes for China stimulus, but it's time to start getting more specific, at least accord

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